Texas College With Highest Endowment Per Student (Austin, Plano: private school, university)

[tcualum]

You're assuming that endowment resources are evenly spent on all of the students. What I'm interested in is something that's more difficult to find out. How much of each university's endowment is spent each year? How is that money spent? Who decides how the money is spent? What restrictions are placed on that endowment?

[ScoPro]

Originally Posted by texasdiver

A&M has an endowment of about $10 billion and approximately 50,000 students. That comes to roughly $200,000 per student which would place it #3 on your list of endowments per student

The University of Texas System has a total endowment of $26,000,000,000 - second only to Harvard.

The Texas A&M System has a total endowment of $11,500,000,000.

https://en.wikipedia.org/wiki/List_o...s_by_endowment

A&M (by law a branch of the University of Texas) gets 1/3 of the Permanent School Fund, while UT gets 2/3.

[UnfairPark]

Originally Posted by tcualum

You're assuming that endowment resources are evenly spent on all of the students. What I'm interested in is something that's more difficult to find out. How much of each university's endowment is spent each year? How is that money spent? Who decides how the money is spent? What restrictions are placed on that endowment?

I'm not assuming that, just mentioning a fact about schools with more money and controlled student enrollment having more resources on their hands. If you are interested, google away, there are statistics out there on websites, some even have detailed pdfs.

[UnfairPark]

Originally Posted by ScoPro

The University of Texas System has a total endowment of $26,000,000,000 - second only to Harvard.

The Texas A&M System has a total endowment of $11,500,000,000.

https://en.wikipedia.org/wiki/List_o...s_by_endowment

A&M (by law a branch of the University of Texas) gets 1/3 of the Permanent School Fund, while UT gets 2/3.

Yup. Only Harvard's student body is tiny compared to UT & A&M so its kinda like a millionaire with a dozen kids and another with one kid.

[ScoPro]

I was just addressing the "fake news" about the wealth of both schools, not the $$ spent per student.

A poster more knowledgeable than myself (or anyone here) elaborated a bit firther on the endowments of Texas' flagship university and Texas A&M:

(edited two words to eliminate some mild smack talk)

As of the end of March 2018, UTIMCO had $44.3B under management, of which less than half consisted of PUF assets. Last I knew, the PUF lands were valued at $8B. The UT endowment funds outside of the PUF exceed what the agricultural branch college claims as their "endowment."

And the best part? The tech boom that has transformed Austin pretty much took off in about 1980. The alumni that were the drivers of that boom are just now getting to the point that they are focusing on generational wealth transfers. Dell alone is sitting on $23B.

Del Conte is tapping into those assets to set UT athletics up for the next chapter. The money Del Conte is going after just for UT athletics will exceed the entirety of the A&M system non-PUF endowment assets which, according to A&M, are only $1.8B (https://www.txamfoundation.com/)

And let's not forget the annual operating budget for UT Austin is greater than the combined operating budgets of OU Norman and TAMU-College Station combined. In fact, once the med school gets fully operational, the annual operating budget for UT Austin will be greater than that of the entire TAMU system, making UT Austin the second UT System component to exceed the operating budget of the entire TAMU system (M.D. Anderson being the other)

https://i.imgur.com/8cARAMv.jpg

[TheOverdog]

Yup. Only Harvard's student body is tiny compared to UT & A&M so its kinda like a millionaire with a dozen kids and another with one kid.

Same with Rice vs every other TX school. Rice's student body is 1/3 that of Harvard. Harvard's is about 40% of the UT main campus (20k).

How much of each university's endowment is spent each year? How is that money spent? Who decides how the money is spent? What restrictions are placed on that endowment?

Very little of the endowment is spent each year. That's why they are growing. They get points on such and such Best College Rankings for simply having a large endowment - not for spending it on students. So they grow their endowment to game those rankings.

https://www.texastribune.org/2017/08...ckle-students/

Here's an article about UT endowment spending. But you could substitute any university in the US for UT. They may even be more generous than the average.

[UnfairPark]

Originally Posted by TheOverdog

Same with Rice vs every other TX school. Rice's student body is 1/3 that of Harvard. Harvard's is about 40% of the UT main campus (20k).

You are right. Just like many other elite schools, Rice kept their size small to give students a liberal arts college experience in a research university. It keeps resources from getting watered down.

Very little of the endowment is spent each year. That's why they are growing. They get points on such and such Best College Rankings for simply having a large endowment - not for spending it on students. So they grow their endowment to game those rankings.

They don't spend principle, just interest.

Here's an article about UT endowment spending. But you could substitute any university in the US for UT. They may even be more generous than the average.

UT spends on financial aid but not as much and certainly nothing on merit scholarships to attract good students who go to Baylor, UTD, A&M etc for merit money. UT use to admit more national merit scholars than Harvard but once they ended merit incentives, big percentage of good students started looking elsewhere.

[centralaustinite]

Typically, a school or university system spends 4% or less of an endowment each year, the idea of an endowment is to leave the principal untouched and spend only a portion of the gains.

[walker1962]

Originally Posted by texasdiver

The list doesn't count the public universities. Texas A&M is the richest public university in the world with an endowment of around $10 billion which puts it in the top-10 nationwide of all universities. And UT is lower but still massive at $3.7 billion.

https://www.usnews.com/education/bes...est-endowments

This list is WAY the hell off! Now way Aggies have $6 billion more that UT-Austin. First UT has 2/3rds of the Oil-funded Permanent University Fund! Second, UT just has more and wealthier Alumni. UT's endowment for the last 25 years has had only Harvard and Yale ahead of it. UT's endowment is over $25billion. https://www.bizjournals.com/austin/b...arvard-in.html - 2015.




College Endowments 2017: How Much the Wealthiest Made | Money - January 2018.




I'm a native Texan who graduated in Texas but attended neither UT nor A&M.

[texasdiver]

Originally Posted by UnfairPark

UT spends on financial aid but not as much and certainly nothing on merit scholarships to attract good students who go to Baylor, UTD, A&M etc for merit money. UT use to admit more national merit scholars than Harvard but once they ended merit incentives, big percentage of good students started looking elsewhere.

I'm willing to bet you can count on one hand the number of students who got into both UT-Austin and Baylor and chose to go to Baylor because it was cheaper.